Form 4: BlackRock Municipal Income Quality Trust: Portfolio Manager Reports Transaction in Common Stock
SEC Form 4 Filing
Kevin Maloney, a Portfolio Manager at BlackRock Municipal Income Quality Trust, reports a transaction involving common stock and phantom shares on January 31, 2025.
Summary
- On January 31, 2025, Kevin Maloney, a Portfolio Manager at BlackRock Municipal Income Quality Trust [BYM], reported a transaction.
- The transaction involved common stock and phantom shares.
- Maloney acquired 478.0379 shares of common stock and disposed of 478.0379 shares of common stock.
- Following the transaction, Maloney directly owns 84.54 shares of common stock.
- The transaction also involved the vesting of phantom shares, which are payable in cash.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a transaction by a company insider. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a transaction by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to the vesting of phantom shares and a portfolio manager's holdings.
Key Dates
| Date | Description |
|---|---|
| 01/31/2022 | Date phantom shares were granted to the Reporting Person, payable in cash on vesting. |
| 02/02/2022 | Date of previously reported Form 4. |
| 01/31/2025 | Date of the reported transaction involving common stock and phantom shares. |
| 02/04/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, BlackRock Municipal Income Quality Trust, BYM, Kevin Maloney, Portfolio Manager, Common Stock, Phantom Shares, Transaction, Beneficial Ownership, SEC Filing
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